Cost of Living in Pepeekeo, HI

With a cost of living index of 97, Pepeekeo, HI is slightly more affordable than average. Living here is 3% cheaper than the national average and 60% below the Hawaii state average of 157. Pepeekeo is a small community of 1,505 residents.

Housing costs are the biggest factor in Pepeekeo's cost of living. The median monthly rent is $805 (39% below the US median of $1,319), and the median home value sits at $415,600 (36% above the national median of $304,900). At current prices, the median home costs roughly 8x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Pepeekeo is $52,276, which is 30% lower than the national median of $75,149. Residents spend roughly 18% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.